Setting up an LLC in Texas can give you liability protection without the heavy franchise taxes that California charges, since the Texas franchise tax only applies once your revenue gets past a fairly high threshold.

Essentially what I understand, and might need clarification on, is you the buyer and the seller enter into a joint venture that has an exit plan for the seller.

I’ve looked into STRsearch.com before, they do offer solid analytics tools, especially for market comparisons and revenue projections.

I would look at the revenue streams first and foremostAre they willing to carry a contract? 

💥Here's why judgment collection is terrifying:Once the IRS gets a federal court judgment, you're no longer dealing with revenue officers following IRM procedures.

What I'm getting at here is in my previous market essentially anything in a C+ area with a 10% cap rate on a 20% down mortgage would be a sure fire sale.

Bringing techs in-house definitely offers control, speed, and potential additional revenue streams, but like John mentioned, it comes with more management and liability considerations.For smaller PM groups or those still growing, partnering with reliable vendors and building long-term relationships can often deliver similar consistency without the overhead.

The fact that builders are essentially giving below-market financing AND upgrades to move inventory is next-level, like a hidden arbitrage in plain sight.

Essentially, I am wondering if it is a good idea to purchase a house here for investment purpose. 

Essentially, that is what we were thinking.